"Net operating income increased 54 percent to $174 million, or 90 cents per share, from $113 million, or 76 cents per share, a year ago. Analysts, who track this metric, expected net operating income of 81 cents per share."
Is that clear enough for you. All shorts can go f' themselves now, or post your addresses and the righteous can take out the trash.
CSE should report even a greater variance since they lever up their balance sheet 3x more than a BDC. On the ACAS CC Malon said that their spread widened in the quarter not only on the top line (spreads on money lent went up) but also the botom line (libor rates droped on money they borrowed). He expects 2008 to reflect even more of this. It was some positive CC on what is going on in the middle market.